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FORWARD AIR CORP

FWRD Nasdaq Industrials · Arrangement of Transportation of Freight & Cargo Dallas, TX www.forwardair.com
$17.57
Mkt Cap 555.7M
Forward Air Corporation ( Forward , the Company , we , our , or us ) is a leading asset-light provider of transportation services. We provide ground transportation, air and ocean forwarding, intermoda…

Forward Air Corporation ( Forward , the Company , we , our , or us ) is a leading asset-light provider of transportation services. We provide ground transportation, air and ocean forwarding, intermodal drayage services and contract logistics across North and South America, Europe and Asia. We also provide customized asset-light, high-touch logistics and supply chain management solutions with deep customer relationships in high-growth end markets. We offer premium services that typically require precision execution, such as expedited transit, delivery during tight time windows and special handling. We utilize an asset-light strategy to minimize our investments in equipment and facilities and to reduce our capital expenditures. Forward was founded in 1981 in Greeneville, Tennessee. In 2025, the Company changed its state of incorporation from Tennessee to Delaware and moved its headquarters from Greeneville to Dallas, Texas. Our common stock is listed on the Nasdaq Global Select Market under the symbol FWRD . Omni Acquisition On January 25, 2024 (the Closing Date ), we completed the acquisition of Omni Newco LLC ( Omni ) pursuant to the Agreement and Plan of Merger, dated as of August 10, 2023 (the Merger Agreement , and as amended by Amendment No. 1, dated as of January 22, 2024, the Amended Merger Agreement ) (the Omni Acquisition ). The Omni acquisition is discussed in detail within Note 3, Acquisitions to our Consolidated Financial Statements included in this Annual Report on Form 10-K.

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📊 Key Metrics
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REVENUE TTM
$2.52B
FCF TTM
$58.0M
P/FCF
9.6x
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